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For scalpers, using stop loss is crucial to limit losses, as small price movements can quickly drain equity. Long-term traders may endure fluctuations if they have sufficient equity, but proper risk management with stop loss and take profit is essential for both.It depends if you're a scalper or a long term trader. If you're a scalper then you must use stop loss or exit the trade right away since it will take all of your money away or if you have enough equity you can wait until it gets back up if there is a chance for it and if not you have to take a loss so this is why you use stop loss or tp. You have to watch where its going but long term trades can be ok and profitable too. You will have to have enough equity though.